7 gift-giving trends that don't break the bank

Still stumped for holiday gifts? Consider these ideas from consumer and money-saving expert Andrea Woroch:

graphic courtesy http://www.sxc.hu/photo/6682841. The Latest Craze. Would you believe the hottest holiday item out there is a rectangular piece of plastic? According to a survey from the National Retail Federation, 57.7 percent of consumers want gift cards as holiday presents, putting their demand at an all-time high. Happily, you can find cheap gift cards at sites like GiftCardGranny, which sells them at less than face value. If you're recipient isn't totally satisfied, they can always sell the card for cash on Gift Card Exchange Day, the one-day event scheduled for Dec. 26 when gift card resellers typically offer maximum value for unwanted cards.

2. An Experience. A close relative of the gift card, the daily deal voucher is making its own name this year. Vouchers allow you to pamper someone with a massage or provide an experience like skydiving without going over budget. If this kind of gift doesn't seem personal enough, take some time to gather important details, like expiration dates and restrictions. This shows you put in more effort than simply clicking your mouse a few times.

3. What Goes Around Comes Around. Once taboo, re-gifting is now all the rage. It's a great way to pass on presents you'll never use to someone who'll actually appreciate them. Re-gifting can be a risky venture, though. Make sure you haven't lamented to the recipient how much you hate it or, worse yet, forgot they were the kind person who gave it to you in the first place. For some re-gifting tips and hilarious horror stories, check out Regiftable.com.

4. The Gift of Gifts. The true spirit of the season—kindness, generosity, caring—is slowly fading with each years' Black Friday, doorbusting stampede. Break the cycle and extend your generosity to those in need. Sites like JustGive.org sell charity gift cards, where the recipient can donate their card's balance to any of 1.8 million charities. Plus, when you give a charity gift card, you can write it off on your taxes.

5. Learn to Accessorize. The iPad 2 and Kindle are hot holiday items, but they're gifts reserved for those with money to blow. When you can't afford to give someone the gadget itself, you can still make their user experience more enjoyable. If you know someone is going all-in on an iPod, give them essential accessories like a case and headphones. They're going to need them anyway, and it still shows you pay attention to things they value.

6. A Festivus for the Rest of Us. With so much attention focused on bank account balances, many are choosing to turn away from material goods. Instead of giving individual presents, host a holiday party. Just ask everyone to contribute something easy and affordable, like cookies or dip. This relieves the pressure of gift giving and provides quality time with the people you care about most.

7. The Easiest Gift of All. Though it sounds cliche, there's no better present than the gift of time. Take a step back from indulgent gift giving and do something thoughtful. Rent a favorite movie of everyone in the family and then have an at-home movie marathon together. If you have a family full of foodies, plan a gourmet meal and enjoy each other's company while it's being cooked. Options are really only limited by your imagination.

Andrea Woroch is a consumer and money-saving expert and has been featured among such top news outlets as Good Morning America, NBC's Today, MSNBC, New York Times, Kiplinger Personal Finance, CNNMoney and many more.